148 Balsam Avenue, Toronto E02, ON

$3,995,000
MLS#:E12177007
6 beds
4 baths
2500-3000 sqft
3.0 parking
Residential Freehold
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Description

Property Highlights

Welcome to this remarkable ["2-Storey"] detached located in the coveted neighborhood of The Beaches. Expertly crafted featuring premium stone and stucco (plaster) construction, this residence presents an exceptional opportunity offered at $3,995,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.

  • 6 Bedrooms and 4 Bathrooms
  • Generous living space spanning 2500-3000 sqft on a premium 35.46 x 251.47 ft lot
  • Features a ["finished with walk-out"] basement, adding superb versatility for recreation, a home gym, or extra storage
  • 3.0 total parking spaces available with a convenient built-in configuration
  • Notable attributes: Auto Garage Door Remote, Built-In Oven, Carpet Free
  • equipped with ["central air"] central cooling and highly efficient forced air heating via gas

Tucked away on one of the Beach's most coveted streets, 148 Balsam Ave offers a rare blend of timeless craftsmanship, modern comfort, and ravine-side serenity. This 4+2 bedroom, 4-bathroom custom-built home stretches across a 251-foot deep lot backing onto Glen Stewart Ravine a true cottage-in-the-city experience. Thoughtfully designed with indoor-outdoor living in mind, expansive East/South/West-facing windows bathe the home in natural light and frame stunning woodland views. The functional kitchen layout flows seamlessly to a private deck and landscaped backyard oasis perfect for everything from casual family dinners to elegant entertaining. The walk-out lower-level features heated floors, a versatile recreation area, and effortless access to the backyard. Upstairs, hardwood floors and skylights create warmth and airiness, while the primary suite offers a peaceful retreat. Updates include a new furnace (2020), A/C (2021), on-demand hot water (2021), and bathroom upgrades, ensuring comfort and peace of mind. With a private drive, garage, and parking for three, convenience comes standard. Across from the highly rated Balmy Beach Community School and steps to Queen St., the Boardwalk, and the lake life here feels like a permanent vacation.

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Key Features

Bedrooms
6
Bathrooms
4
Kitchens
1
Living Area
2500-3000 sqft
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateJuly 2, 2025
Sold price information is available to members only
Listed Date5/27/2025
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
ConstructionStone, Stucco (Plaster)
Lot Size35.46 × 251.47 Feet
CountyToronto
Annual Tax$15,629.06
Legal DescriptionPT LT 30 PL 451 PT 2 PL 66R-19839; CITY OF TORONTO

Parking & Garage

Parking Spaces3.0
Garage Spaces2
Garage TypeBuilt-In

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
Cooling["Central Air"]

Features

Property Features

Beach, Fenced Yard, Park, Ravine, Public Transit, School

Community Features

Location

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148 Balsam Avenue, Toronto E02, ON
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Property History

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This could be the first listing for this address.

Pricing & Value Insights

Data-driven valuation for 148 Balsam Avenue, Toronto E02, ON M4E 3C1

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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Properties in this area are selling at a steady pace.

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Notice: Market Insights are generated by analyzing real-time data and should be used for informational purposes only. Consult with a licensed professional for exact valuations.
Financial Audit

Estimated Costs

Loan Amount$3,196,000
Monthly Mortgage$18,570
Property Tax (Est.)$1,302
Utilities & Maint.$350
Total Monthly Cost$20,222

Strategic Fiscal Clarity

Informed buyers do not make decisions based on list price alone. This analysis ensures your transition to a superior residence is supported by absolute fiscal certainty.

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No current listings found in Toronto E02.

148 Balsam Avenue, Toronto E02 - 6 Bed 4 Bath Home For Sale | MLS# E12177007 | ZooZaa | ZooZaa Real Estate